A legatee inherits personal property (jewelry, vehicles, cash, etc.) while a devisee inherits real property, such as the family home. Under current laws, though, the main difference between a legatee and a devisee is simply the governing state law.
What is the meaning of Devisees?
A devisee is typically someone who receives real property (the devise) through a will. Real property includes real estate and land. ... If someone died without a will and you receive real property under the terms of intestate succession or as community property, you are technically not a devisee, but an heir.
What is the difference between legatee and beneficiary?
Beneficiary– a person entitled to any part or all of an estate. Legatee– a person designated by a will to receive a transfer of personal property. Devisee– a person designated by a will to receive a transfer of real property.